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-WORLD BANK: World bank to support commodities market development in Turkey
0 Comments | M2 Presswire, August, 1998
M2 PRESSWIRE-3 August 1998-WORLD BANK: World bank to support commodities market development in Turkey (C)1994-98 M2 COMMUNICATIONS LTD RDATE:310798 ANKARA -- The World Bank today signed a US $4.0 million loan to the Republic of Turkey to help finance the Commodities Market Development Project.
The aim of the project is to support the transition from intervention-based agriculture policy to a liberal market. It will increase the marketing efficiency of two major agricultural commodities - cotton and grains - and provide a model for development of other private exchanges. The project consists of the following components: Modernization Support to Commodities Exchanges (US $4.3 million). This component will facilitate the financing of a range of investments at...
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